Fed officials say they see a pullback in stimulus even with inflation cooling - CNBC
Sep 27, 2021 34 secs

"The forward guidance on maximum employment and average inflation sets a much higher bar for the liftoff of the policy rate than for slowing the pace of asset purchases," Brainard told the National Association for Business Economics.

Evans also said he thinks the Fed should shoot higher on its inflation target than the traditional 2% goal.

Instead, he said it should aim for inflation "above but close to 2%.".

Williams said he expects inflation to continue to run above 2% for "another year or so" as "pandemic-related swings in supply and demand gradually recede." However, he said inflation should fall to the target at some point during the year.


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